The currency pair British Pound/US Dollar (GBP/USD) moves from the bullish trendline downwards
A descent downwards to the next support line at 1.33109 is considered certain.
Caution: A possible change in the direction of the resistance line at 1.3379 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34027 |
| 2nd High | 1.33864 |
| Next High | 1.3379 |
| Current Price | 1.33865 |
| Next Low | 1.33109 |
| 2nd Low | 1.32971 |
| 3rd Low | 1.32528 |
1.3379 – 1.33724 – 1.33764 – 1.33109 – 1.32971 – 1.33056 —
1.33577 – 1.34092 —
51.763476889282 – 68.417965265817 —
– —
1.3379 – 1772793000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –